More than US$ 16 Bn Revenues Projected to be Accounted by Electroplating Market in 2018

1. Chemicals and Materials March 2020 Report Id : REP-AS-936 Published On : Jan-2020 Category : Chemicals and Materials www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

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4. Electroplating Market Analysis According to a new report of Future Market Insights (FMI), the electroplating market reached approximately US$ 16 Bn in 2018, and is estimated to record a Y-o-Y growth at nearly 4% in 2019. • The electroplating industry remains upheld by a slew of factors, which range from the focus of players on the development of new technologies, to cost reduction and service improvement. • Partnerships and joint ventures with regional players continue to remain key strategies for expansion among leading players in the electroplating market. • The study finds that electrical & electronics industry accounts for leading shares of the electroplating market, with the automotive industry following the suit. • Electroplating demand continues to grow abreast popularity and proliferation of consumer electronics, owing to its particular essentiality in plating myriad electronic components to enhance their durability and reliability. • Automotive electronics is a lucrative application of electroplating process, driven by plating demand for components such as integrated circuits, microprocessors and connectors. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

5. Electroplating Market Analysis Nickel Leads the Way among Electroplating Metals Nickel continues to remain the sought-after metal in the electroplating market, as it offer an unmatched and unique combination of wear & corrosion resistance, along with its additional benefits of appeal, luster, and brightness. The study finds that nickel-based electroplating surpassed revenues worth US$ 4,700 Mn in 2018. Browse the full “Electroplating Market: Global Industry Analysis 2014–2018 and Opportunity Assessment 2019–2029” market research report at https://www.futuremarketinsights.com/reports/electroplating-market Excellent adhesion property of nickel for subsequent layers is a key attribute of nickel, which has driven its preference among electroplating market players and end-users alike. Additionally, electroless nickel coatings have gained popularity as the prime solution to protecting crucial parts & components, such as transmission parts, turbochargers, and fuel systems, from corrosion in harsh environments. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

6. Electroplating Market Analysis Splintered Nature of the Electroplating Market to Prevail • The study opines that the electroplating market continues to remain highly fragmented in nature, as these businesses involve hidden glitches entailed by the occupancy of numerous unorganized players and small-scale enterprises in the purchasing side of the market. • Although electroplating is a low-cost process in comparison to end-product prices, higher criticality of the process for corrosion resistance, along with the application diversity of the electroplating techniques continue to underpin its demand across various industries. • Leading players in the electroplating market are focusing on the provision of a combination of services, including extensive range of metal finishing methods, technical support and premium services, in a bid to serve a wide range of customers. • The primary objective of the players in the electroplating market is inclined toward expanding their market footprint through strategic partnerships and collaborations. Additionally, these players are also concentrating on increasing their shares in the electroplating market, by delivering quality plating and polishing services to auto component manufacturers. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

7. Electroplating Market Analysis More from FMI’s Chemicals & Materials Market Intelligence: • Ceramic Sanitaryware Market • India Construction Chemical Market • Corrosion Protective Coatings Market About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

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